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  5. Fidelity Future Leaders - Managed fund profile

Fidelity Future Leaders - Managed Fund

Fund Objective
To achieve returns in excess of the benchmark over the medium to long term.
Fund Strategy
The Fidelity Future Leaders Fund provides investors with the potential for long-term capital growth by investing in a diversified portfolio of listed mid and small-cap Australian shares. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.7% 10.4% 18.89% 21.31% 3.79% 6.2% 7.56% 10.54%
Growth return 2.7% 10.4% 18.46% 20.11% 1.84% 4.06% 5.98% 8.7%
Income return 0% 0% 0.43% 1.2% 1.95% 2.14% 1.58% 1.84%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 4.79% 7.55% 16.71% 13.83% -0.6% 2.72% -% 6.69%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Future Leaders
Australian Equities
97.82%
Cash
2.18%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
90.58%
Cash
4.49%
International Equities
2.63%
Property
2.02%
Fixed Interest
0.25%
Alternatives
0.03%

General Information

Fund Details
Type Description
Fidelity Future Leaders
FID0026AU
Equity Australia Mid/Small Growth
starstarstarstar (as at 31 Mar 2024)
Investment Fund
22 Jul 2013
$765.8 million (as at 31 Mar 2024)
$24.8392 (as at 17 Apr 2024)
$24.7154 (as at 17 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.20% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Car Group Ltd Equity 5.31%
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FAQs about the Fidelity Future Leaders

The objective of the Fidelity Future Leaders managed fund is To achieve returns in excess of the benchmark over the medium to long term.

The strategy of the Fidelity Future Leaders managed fund is The Fidelity Future Leaders Fund provides investors with the potential for long-term capital growth by investing in a diversified portfolio of listed mid and small-cap Australian shares. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.

The APIR code of the Fidelity Future Leaders managed fund is FID0026AU.

Fidelity Future Leaders’s total return last month was 2.7%. This was made up of a growth return of 2.7% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Fidelity Future Leaders’s total return for the last three months was 10.4%. This was made up of a growth return of 10.4% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Fidelity Future Leaders’s one-year total return is 21.31%. This was made up of a growth return of 20.11% and an income return of 1.2%. These returns were calculated as at 31 Mar 2024.

Fidelity Future Leaders’s one-year total return is 6.2%. This was made up of a growth return of 4.06% and an income return of 2.14%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Fidelity Future Leaders managed fund is :

Australian Equities
97.82%
Cash
2.18%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Fidelity Future Leaders managed fund belongs to the Equity Australia Mid/Small Growth sector/asset class.

As at 31 Mar 2024, the size of the Fidelity Future Leaders managed fund was $765.8 million.

The Fidelity Future Leaders managed fund has an inception date of 22 Jul 2013.

The current entry price of the Fidelity Future Leaders managed fund is $24.8392 per unit and the current exit price is $24.7154 per unit (as at 17 Apr 2024).

The current exit price of the Fidelity Future Leaders managed fund is $24.7154 per unit and the current entry price is $24.8392 per unit (as at 17 Apr 2024).

The minimum initial investment amount for the Fidelity Future Leaders managed fund is $25,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.